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Pomp Still Believes That Bitcoin Is The Best Inflation Hedge Despite The Slew Of Criticisms – Here’s Why

Bitcoin Will Have More Value In Circulation Than The U.S Dollar In 2021 - Anthony Pompliano
  • Anthony Pompliano reiterated his belief in Bitcoin (BTC) as the best hedge against inflation.
  • Bitcoin’s slump during the last 12 months has cast a shadow of doubt on its efficacy as an inflationary hedge.
  • Pompliano notes that Bitcoin’s resurgence proves investors are leaning towards the asset class for safety against the threat of continued inflation.

A torrid 2022 triggered several criticisms of Bitcoin as a hedge against inflation, but Pompliano cites the asset’s recent surge as evidence of its sturdiness against inflation.

Investor and host of The Pomp Podcast Anthony Pompliano has opined that Bitcoin continues to be the best hedge against inflation in the face of mounting criticism. Pompliano made the comments via Twitter, saying that critics failed to see the bigger picture that was forming underneath.

The serial investor argued that market moves are based on future events rather than past occurrences, which explains BTC’s meteoric rise in 2021. According to Pomp, investors were anticipating a sharp rise in inflation following months of lowering rates and cash injections into the economy.

“Bitcoin was around $10,000 for much of 2020, but we saw it increase to over $60,000 by March 2021. That is a 600% gain in less than a year,” wrote Pompliano. “Although inflation was still low, investors bought it IN ANTICIPATION of inflation coming.”

By November 2021, BTC had soared to its all-time high of over $64,000 while inflation figures were causing a stir in the economy. Pompliano noted that the announcement of the Federal Reserve to combat inflation by increasing rates forced investors to sell off their BTC holdings in exchange for value stocks.

The selloff saw BTC tumble by over 70% of its all-time high, prompting critics to poke holes in its ability to operate as a hedge against inflations. Pompliano noted their position was far from the truth because “you would expect inflation hedge assets to fall in price when the Fed is bringing down inflation”

Rising like a Sphinx

In the last seven days, Bitcoin’s price has climbed by over 32% to trade at just over the $28,000 mark after months in the doldrums. The surge, according to Pompliano, is simply proof of growing investors’ faith in BTC’s capacity as a worthy hedge against inflation.

With the Feds’ attempt at curtailing inflation falling short of expectation and renewed  plans to raise the interest rates, Pompliano thinks the market is running to the relative safety of Bitcoin.

“Bitcoin is responding to the current macro situation. The market is forward-looking and it knows that inflation is going to be higher, and last longer than previously believed,” said Pompliano. “Investors need an inflation hedge again and Bitcoin is the big winner.”

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Outflows Continue To Cause Concern For Investors For The Sixth Week Running Despite BTC’s Spike

Bitcoin Exchange Outflow Volume Nears 100,000 BTC Per Month — The Ultimate Bullish Signal?
  • Digital assets recorded sky-high outflows in spite of the meteoric rise in Bitcoin’s price.
  • Investment funds were the hardest hit of the lot, with outflows nearly reaching $500 million during a six-week period.
  • Ethereum appeared to record the lowest outflows as experts tried to make sense of the debacle.

As Bitcoin’s (BTC) price marches toward the $30,000 mark, analysts are scratching their heads over a capital flight in the virtual asset industry.

A recent report from CoinShares revealed that the digital asset outflows in the last six weeks have been rising, settling at $424 million. During the last week, net outflows nearly exceeded the $100 million mark as the trend shows little to no signs of slowing down.

CoinShares’ analysts attempted to rationalize the trend by attributing it to a thirst for liquidity amongst investors. The tragic incidences of bank collapses in the U.S. may have played a role in the liquidity crises faced by virtual currency traders in the ecosystem.

“It is evident this sentiment is contrarian relative to the rest of the crypto market. It may be driven, in part, by the need for liquidity during this banking crisis, a similar situation was seen when the COVID-19 panic first hit in March 2020.” read CoinShares’ report.

The outflows rolled into the week when Bitcoin’s price went on a staggering rally of over 30% in the last seven days to reach highs of over $28,000. Prior to the rally triggered by a U.S. banking crisis, BTC traded in the doldrums of around $17,000, the recent rally the highest peak for the asset in over five months.

Despite the spike in outflows, Ethereum (ETH) recorded impressive inflows to buck the trend. CoinShares recorded inflows of over $1.3 million during the past week, which confirms the theory that low liquidity triggered BTC outflows.

CoinShares noted that regionally, the U.S. was responsible for the bulk of the six-week outflows, with Europe and Asia contributing their fair share of the trend.

“Assets under Management (AuM) has fallen by 10% over the week, retracing back to levels seen at the beginning of 2023,” said the report. “The outflows have also wiped out all the inflows seen this year.”

Will Bitcoin soar to $30K?

The recent outflows have cast a shadow of doubt on the potential of the largest virtual currency to surpass $30,000 days after breaking a key resistance point. Onchain analysts believe that if the $30,000 range is broken, it could lay the foundations for a strong bull run. 

However, there are fears that retail investors might construe the rally as an opportunity to take some profit off the table after a lengthy bear market. Others have pointed out that the steady outflows could mean that investors are not ready to offload their holdings, urging traders to keep a close watch on the metric.

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New Meme Coin DigiToads and MATIC set to Pump

Meme Coin DigiToads Raises $200K in 5 days. Will it be More Rewarding Than Maker and ApeCoin?

The cryptocurrency market is witnessing a resurgence of meme coins, and alongside established projects like Polygon (MATIC) rallying, new contenders are emerging, offering unique features and potential for massive price increases. In this article, we’ll analyze the recent performance of Polygon (MATIC) and introduce a new meme coin, DigiToads (TOADS), which is set to make waves in the market.

Polygon (MATIC) Rallies Due to ZK-EVM Release

Polygon (MATIC) has consistently performed in the decentralized finance (DeFi) space, offering scalable and efficient solutions for Ethereum-compatible blockchains. Polygon has attracted much attention as one of the best DeFi crypto projects. Recently, the price of MATIC has shown rallied impressively due to the launch of Polygon’s zk-evm. The project continues to grow, with new DeFi platforms joining the ecosystem.

Polygon’s continued dedication to scaling Ethereum (ETH) has entered its second stage, and many wait in anticipation for the zk narrative to take off. However, users should not neglect the power of new meme coins in the current market environment. This brings us to a token everyone should be watching: DigiToads.

DigiToads: The Next Crypto 100X?

Enter DigiToads (TOADS), a promising new meme coin that boasts an array of innovative features, making it a strong contender in the altcoin market. Some of the key features of DigiToads include the following:

Deflationary tokenomics- Designed to maintain scarcity and promote long-term value appreciation.

P2E game- A Play-to-Earn game where players can collect, nurture, and battle unique DigiToads.

NFTs and NFT staking- The ability to stake NFTs and earn residual income, adding an extra layer of utility and profitability.

Platinum Toads- Rare and highly sought-after digital assets within the DigiToads ecosystem.

Charity/environmental aspect- 2.5% of the project’s profits are dedicated to supporting environmental causes, including reforestation and rainforest preservation.

TOADS Already Flying

The DigiToads presale has already raised $355,000, demonstrating strong interest. With a vast amount of growth potential in the presale, users have the opportunity to acquire tokens at an attractive entry point. The presale offers ease of access, accepting many major cryptocurrencies as payment, and a significant portion of tokens are reserved for bonuses and rewards, protecting the project against rug pulls.

Join The TOADS Community Today

The DigiToads team is doxxed, providing transparency and credibility to the project. Additionally, token holders have no vesting periods, allowing for immediate liquidity.

As a DeFi crypto, GameFi P2E token, and meme coin, DigiToads offers a unique combination of features that cater to a wide range of users. For those looking to diversify their portfolios with promising altcoins and looking to earn passive income, DigiToads is a project to watch.

For More Information on DigiToads, visit the website, join the presale or join the community.


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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DigiToads’ launch price set at $0.055 as it sees early success in presale

DigiToads' launch price set at $0.055 as it sees early success in presale

Cryptocurrencies have come a long way since their inception, and meme coins are no exception. They were once seen as frivolous projects with no real potential for growth. However, DigiToads has changed the game.

This token has taken the concept of meme coins to new heights by combining entertainment with rewards. Therefore, DigiToads is more than just a meme; it’s a play-to-earn utility-rich token that pays for engaging in fun activities.

In this article, we will explore how DigiToads is bringing a new standard to the cryptocurrency industry by addressing its complexity and facilitating its adoption by beginners.

DigiToads

DigiToads is a high-growth token based on the Ethereum blockchain that offers a range of benefits to its holders. One of its most exciting features is the opportunity to earn residual income through NFT staking, P2E gaming, and holding TOADS tokens.

The project’s ecosystem includes a thrilling web3 game that allows players to obtain one-of-a-kind DigiToads by buying, trading, or winning them. Each DigiToads NFT has its own characteristics, strengths, and weaknesses, giving players a wide range of options when selecting the perfect digital companion.

Using TOADS tokens, players can purchase food, potions, and training equipment for their DigiToads, increasing their size, strength, and abilities and providing a competitive edge in battles against other players.

At the end of every DigiToads season, the top 25% of players on the leaderboard receive 50% of the funds raised from selling in-game items, allowing players to earn real money while playing the game.

DigiToads is a deflationary token with a fixed supply of 585,000,000 TOADS. The circulating number will keep reducing using an automated burning mechanism, contributing to the token’s value when demand increases.

But that’s not all. DigiToads has pledged to support the environment. 2.5% of profits from the project will be dedicated to charities committed to replanting trees and preserving the rainforest.

DigiToads is a promising asset, with its presale price of $0.01 planned to reach $0.055 at launch. This means a growth rate of 450%, unseen by many competitors. The presale will be divided into ten stages, each offering increasing benefits for early sign-ups, including giveaways, referral programs, etc.

The presale has already raised $350K in the first stage, outperforming many famous projects in the current industry and positively surprising analysts.

Closing Thoughts

With the chance to earn residual income, support environmental causes, and earn real money while playing the game, DigiToads is a token that offers a lot of value to its holders. Its early success in presale is a testament to its potential for growth, making it a top contender in the cryptocurrency market.

For More Information on DigiToads, visit the website, join the presale or join the community.


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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The Next Big Thing in Crypto: Collateral Network (COLT), Ethereum (ETH), Algorand (ALGO)

The Next Big Thing in Crypto: Collateral Network (COLT), Ethereum (ETH), Algorand (ALGO)

As the cryptocurrency landscape evolves, three trailblazers are emerging as the next big players: Ethereum (ETH), Algorand (ALGO), and Collateral Network (COLT).

With a projected 3500% increase in value from the current $0.01 mark, the DeFi peer-to-peer lending platform, Collateral Network (COLT), offers borrowers unprecedented liquidity and a vast peer-to-peer network.

Collateral Network (COLT) empowers users globally to engage in loans by minting asset-backed NFTs, marking a new era in the world of decentralized finance.

Ethereum (ETH)

Ethereum (ETH), the pioneering blockchain platform that introduced the world to smart contracts, now has a market capitalization of $216 billion.

The potential of Ethereum (ETH) looks infinite, with each Ethereum (ETH) token currently valued at $1,767. As whales continue to acquire Ethereum (ETH), many analysts forecast new all-time highs later this year.

The much-anticipated release of zkSync, a Layer-2 Ethereum (ETH) scaling solution meant to handle network congestion, adds to the allure of Ethereum (ETH). 

Following four years of hard effort and several milestones, zkSync is ready to dump transactions from the mainnet of Ethereum (ETH) to its Layer-2 network. Since transactions are batched and reduced into proofs, users will benefit from greater efficiency when using Ethereum (ETH).

Algorand (ALGO)

The fast expansion of the Algorand (ALGO) ecosystem is attracting attention, as the price of Algorand (ALGO) is approaching crucial resistance levels. Analysts foresee positive movement if the price of Algorand (ALGO) rises.

Algorand (ALGO) is gaining momentum in development, demonstrating a strong commitment to recruiting additional developers. This deliberate approach might be in preparation for the next bull run.

Algorand (ALGO) is a standout in the blockchain space, with a price of $0.2109 and a 24-hour trading volume of $42.66 million. 

Algorand (ALGO) experienced a 2.23% increase the previous day, taking its market cap beyond the crucial $1.5 billion level. On June 20th, 2019, Algorand (ALGO) reached an all-time high of $3.56.

Collateral Network (COLT)

Introducing Collateral Network (COLT), a DeFi peer-to-peer lending platform poised to redefine the lending industry. Collateral Network (COLT) offers borrowers seamless access to liquidity without dependence on a single lender by harnessing the powers of crowdlending, the blockchain, and the fractionalization of NFTs.

Through a vast network of lenders and borrowers, Collateral Network (COLT) democratizes lending and enables access to liquidity.

Collateral Network’s (COLT) groundbreaking approach allows users worldwide to partake in loans by minting asset-backed, fractionalized NFTs covering a diverse array of borrowers’ assets, such as rare collectibles, vintage wine, art, and vehicles.

Borrowers benefit from increased liquidity backed by their assets, while lenders enjoy consistent, fixed-interest repayments weekly.

Collateral Network (COLT) helps lenders diversify their portfolios while avoiding traditional lending’s bureaucratic hurdles and heaps of paperwork.

The native Collateral Network (COLT) token offers holders benefits like exclusive access to distressed asset auctions, governance rights, and staking incentives. Experts predict a staggering 3500% growth in COLT’s value, soaring from $0.01 to $0.35 in the coming months.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register 

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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Orbeon Protocol (ORBN) Revolutionary Technology Disrupts DeFi Market, Leaving ALGO, TRX In Its Wake

Orbeon Protocol (ORBN) Revolutionary Technology Disrupts DeFi Market, Leaving ALGO, TRX In Its Wake

The decentralized finance (DeFi) market is growing rapidly, and many blockchain projects strive to gain market share. However, only a few projects have successfully disrupted the DeFi industry, and Orbeon Protocol (ORBN) is one of them. In this article, we will discuss how the Orbeon Protocol (ORBN) revolutionary technology is disrupting the DeFi market and with its 2713% price surge in its presale going into stage 12 impressing many, leaving Algorand (ALGO) and TRON (TRX) in their wake.

Algorand (ALGO) Struggles to Keep Pace with DeFi Demands

Algorand (ALGO) is a blockchain project that aims to provide a fast and secure platform for DeFi applications. However, Algorand (ALGO) has struggled to gain traction, and its native token, ALGO, has suffered significant price drops. At press time, Algorand (ALGO) is trading at a price of $0.2251, representing a significant decline of 93.13% from its all-time high of $3.28. 

Furthermore, Algorand (ALGO) has been criticized for its lack of scalability, which makes Algorand (ALGO) difficult to handle large volumes of transactions. This has led to delays in processing transactions, causing frustration among Algorand (ALGO) users. In contrast, the Orbeon Protocol (ORBN) multi-chain capability, and efficient technology make it a superior choice for DeFi applications.

TRON (TRX) Struggles to Overcome Security and Decentralization Challenges in DeFi Market

TRON (TRX) is another blockchain project trying to gain market share in the DeFi industry. However, TRON (TRX) has been plagued by security issues and network congestion, which have led to delays in processing transactions.

TRON (TRX) has also been criticized for its lack of decentralization, with some users questioning the project’s true intentions. On the other hand, the Orbeon Protocol (ORBN) innovative technology ensures security and decentralization, making it a more reliable platform for DeFi applications.

TRON (TRX) is currently valued at $0.06427, with a 24-hour trading volume of $245 million. Over the last 24 hours, TRON (TRX) has witnessed a positive change of 1.00%.

Orbeon Protocol (ORBN) Revolutionizes Investment with Fractional NFTs

In comparison to Algorand (ALGO) and TRON (TRX), Orbeon Protocol (ORBN) is a revolutionary platform that is disrupting the crowdfunding and venture capital industry. Orbeon Protocol (ORBN) allows people to invest in promising early-stage companies through fractional investment, making it accessible to a wider range of users. Orbeon Protocol (ORBN) achieves this by minting opportunities into NFTs and fractionally splitting them into small portions, allowing users to infuse as low as $1 in the startups they believe in. 

One of the most significant advantages of the Orbeon Protocol (ORBN) is the “Fill or Kill” mechanism in the smart contract of the NFTs created for businesses. By triggering the automatic return of funds to investors, the “Kill or Fill” mechanism guarantees a secure platform in case of a project’s inability to meet its funding target within the designated timeline.

The platform solves the problems of businesses that find it difficult to raise capital quickly and enter the web3 space, as they can raise funds while engaging directly with their community and at a fraction of the cost using the Orbeon Protocol (ORBN) NFTaaS. Orbeon Protocol (ORBN) has experienced a remarkable surge of more than 2713%, rising to over $0.1125 per token from the initial price of $0.004. Analysts predict that the token is poised for further growth; 6000% is estimated to reach a price point of $0.24.

In summary, the Orbeon Protocol (ORBN) unique approach is making waves in the DeFi market. By leveraging NFTs, the platform is providing an accessible and safe way to infuse in promising startups and projects. The platform’s marketplace and multi-chain capabilities make it a versatile and convenient choice for businesses looking to raise capital. 

With the Orbeon Protocol (ORBN) innovative technology, it’s no surprise that it’s leaving other DeFi platforms, such as Algorand (ALGO) and TRON (TRX) behind. Overall, Orbeon Protocol (ORBN) is a promising opportunity for those looking to tap into the potential of the DeFi market.

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register 


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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Core Leverages New Consensus Mechanism Satoshi Plus To Simultaneously Provide Decentralization, Scalability And Security

Core Leverages New Consensus Mechanism Satoshi Plus To Simultaneously Provide Decentralization, Scalability And Security

Core, a novel layer one blockchain, is pushing boundaries to provide users with simultaneous decentralization, security, and scalability.

Core is an independent blockchain created at the Core of Web 3. At the base of the blockchain is a new consensus mechanism, Satoshi Plus, that allows Core to the Ethereum Virtual Machine (EVM) and leverage the Bitcoin mining hashrate. Satoshi Plus applies a protocol-driven validator election mechanism to bring out the optimal Delegated Proof of Stake (DPoS) and Proof of Work (PoW) features. This maximizes security, decentralization and scalability.

Bitcoin miners and CORE token holders can participate in Core’s security through the Satoshi Plus consensus. The miners and holder can now delegate their BTC hash power and staked CORE to a decentralized set of validators. As a result, validators can quickly and securely produce blocks and validate transactions.

Core is also fully EVM compatible, enabling easy implementation of smart contract applications from Ethereum-based chains. The team behind the project plan to incorporate the best technologies and leverage scaling solutions from Ethereum and other compatible chains, including various rollups.

Following Bitcoin’s sound money model, Core’s native token, CORE, has a supply of 2.1 billion tokens with a hard cap. In addition, a percentage of all transaction fees and block rewards will be burned. This will be done similarly to Ethereum’s “Ultra Sound Money” model. Notably, the exact percentage to be burned will be determined by the Core community. Similar to Avalanche’s tokenomics model, CORE also plans to follow Avalanche’s tokenomics model, approaching the total of 2.1 billion tokens but never fully reaching it.

Governed by the development team, Core hopes to grow and achieve full decentralization creating CoreDAO eventually. The DAO’s mission will be to create the strongest community in Web3 that will be open to all users. Currently, the project has a significant number of followers on Twitter, over 1.7 million, and over 239k members on Discord. The CORE token recently had one of the largest airdrops, which over 1.2 million participants received. CORE aims to become both the value usability and accrual layer for all decentralized applications.

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Users Can Now Sign Up for the Waitlist of New Self-Custodial Wallet – UpHODL

Users Can Now Join the Waitlist for the New Self-Custodial Wallet - UpHODL

On www.uphodl.com, users may now sign up for the waitlist for the new self-custodial wallet, UpHODL. Users can now fully control their Web3 assets thanks to the new multi-chain wallet. Uphold’s research and development division, the Web3 financial platform, is introducing the wallet.

The new wallet is designed to:

  • Support multiple chains: Store and manage BTC, ETH & ERC-20 tokens in a single wallet.
  • Enable ownership of assets: Full self-custody of digital assets, including tokens and NFTs.
  • Zero commission trading at multiple DeFi venues via WalletConnect.
  • Facilitate seamless purchase of tokens directly from the wallet through various onramps.
  • Support easy management with iCloud and Google Drive back-up.

“UpHODL is designed to let users take control – not chances – with their digital assets,” said Stephen McNamara, Head of Uphold Labs. “The wallet will let both the Uphold community and the general Web3 community access, purchase and securely store BTC, ETH and any ERC-20 token – including NFTs.”

Users can sign up for the waitlist at www.uphodl.com. When users share the site with friends, they can jump the line for faster access.. 

“While for mainstream users the convenience of a CeFi venue is ideal – and we believe Uphold provides the most secure and transparent model here as we don’t loan out or invest customer assets – we fully recognized that some in the Web3 space prefer to hold and manage their assets directly, which is why Uphold Labs is launching UpHODL,” said Simon McLoughlin, CEO of Uphold. 

About UpHODL

UpHODL is a multichain, self-custodial wallet. The wallet lets users take control of their Web3 assets through easy Defi access, iCloud backup and seamless purchase of digital assets directly from the wallet. UpHODL is a multi-chain wallet and supports BTC, ETH & ERC-20 tokens, including NFTs. The waitlist for the wallet can be found at www.uphodl.com. 

About Uphold

Uphold is ranked #1 in the San Francisco Business Times Fast 100 List and committed to making Web3 easy. As a Web3 financial platform, Uphold serves over 10 million customers in more than 184 countries. It provides businesses and consumers with easy access to financial technology and services. Uphold’s patented “Anything to Anything” platform gives end users seamless access to and between digital assets, national currencies, and precious metals. Uniquely, Uphold smart routes orders across 27 trading venues delivering optimal execution and superior liquidity to customers. Uphold never loans out customer assets and is always 100% reserved. The company has pioneered radical transparency and uniquely publishes its assets and liabilities in real-time on a public website (https://uphold.com/en-us/transparency). Uphold is regulated in the U.S. by FinCen and state regulators and in the U.K. by the FCA; and is registered in Canada with FINTRAC and in Europe with the Financial Crime Investigation Service under The Ministry of the Interior of the Republic of Lithuania. To learn more about Uphold’s products and services, visit uphold.com.

  • Certain currencies and assets are not available in all jurisdictions.
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Cardano Poised for Ultra Bullish Surge Following Latest Hydra Upgrade Development Milestone

ADA Positioned For Huge Upturn Even As Hotly Anticipated Cardano Vasil Hard Fork Is Deferred

Cardano, the seventh-largest cryptocurrency by market capitalization, has been making steady progress towards achieving scalability, and the upcoming Hydra upgrade is poised to take it to the next level.

Hydra is a scalability layer-2 solution allowing developers to add specialized smart contracts on top of Cardano. The protocol is expected to boost transaction speed through low latency, high throughput and minimized transaction costs. It will also address the network’s security and scalability capabilities.

Hydra comprises a family of protocols and is one of the key components of Cardano’s layer 2 scaling journey in the Basho phase. The Hydra Head is the first in this suite of protocols and provides the foundation on which to build out further scalability.

Last week, Cardano developers held their monthly meeting, where they outlined the current progress of the Hydra Head and showcased its demo, which is already running on the mainnet. In the session, they also showcased the protocol’s upgrade to version 0.9, which, they said, has received some changes, including decreased costs and improved UX features for its “Hydra for Payments” tool.

Hydra for Payments is a new tool expected to unlock micropayments’ power in the Cardano ecosystem once Hydra goes live. Lead Hydra developer Sebastian Nagel noted that their goal was to make this payment feature as fast as possible, elevating its speeds above those of the Lightning Network and other payment protocols.

“We want to extend the tooling that’s general purpose and a reference app that will be mainnet and production ready as soon as possible. And so for us, it’s going to be payment channels like a lightning wallet style, send and receive but rapidly,” Nagel said during the March 22 meetup.

“A business can take this sort of thing and entertain the idea of no fees right within reason. They can also cover some of the L1 fees associated with Hydra as a loss leader so we’re exploring all of that,” he added.

Previously, Cardano’s founder, Charles Hoskinson, stated Hydra could facilitate other things like fast finishing, microtransactions, and micro gorging.

That said, although its mainnet launch date remains unclear, the development progress of the Hydra protocol has been met with high expectations, as its success is crucial to Cardano’s continued growth and adoption. Furthermore, with its scalability solutions, including those brought by the Vasil Upgrade, ADA, the native coin for the Cardano network is well-positioned to surge as more users and projects onboard the network.

At press time, ADA was trading at $0.3772 after a 3.77% increase in the past seven days. Notably, the cryptocurrency has recovered over 55% year-to-date since tapping a low of $0.25 in December.

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‘Shop Till You Drop’: Rich Dad Poor Dad Author Explains Why Now’s A Great Time To Buy Bitcoin

‘Buy Bitcoin And Save Yourself’, Robert Kiyosaki Says On Impending Cataclysmic Economic Crisis

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad and American businessman, has pinpointed key reasons for purchasing bitcoin right now.

In a March 29 Twitter post to his 2.3 million followers, the author noted that retail prices are plummeting. Kiyosaki also highlighted that “rich brands are on sale”, urging investors to start acquiring before the United States government gets systemic inflation under control. According to the real estate mogul, the current inflation is not transitory like the Federal Reserve previously announced, but a more concerning type of systemic inflation.

This is why Kiyosaki is telling his followers to buy stocks of rich brands like Prada and Polo, alongside gold, silver, and bitcoin before they become more expensive.

Kiyosaki has been an evangelist for asset classes that the Fed cannot directly manipulate since as early as May 2020, having once alerted investors to “Get Bitcoin and save yourself” following the Fed’s incessant mass money printing programs to bolster the economy amid pandemic-related lockdowns.

The Case For A $500,000 BTC Price Tag

Earlier this month, Silicon Valley Bank (SVB), Silvergate, and Signature Bank all collapsed, shaking the assumption that banks are the safest place to store your money — and rightly so.

Kiyosaki commented that “more and more dominoes” were poised to fall after the three major U.S. banking institutions failed. Interestingly, Kiyosaki had predicted back in August 2020 that the world was about to face a “major banking crisis”. Fast forward to 2023, and his prediction has come to pass.

Nonetheless, Kiyosaki believes the bitcoin price is capable of rising to as high as $500,000 in just two years if the Fed continues with its money printing episodes. This implies that bitcoin will look incrementally attractive as a hedge against dollar debasement, and the pioneer cryptocurrency’s price could come under strong upward pressure.

According to Kiyosaki, the massive appreciation in bitcoin along with traditional safe-haven assets such as gold and silver will be likely because faith in the U.S. dollar will be destroyed. Right now, the U.S. government is attempting to bail out banks while circulating more newly printed US dollars within the economy, a move that unwittingly engineers an overshoot in BTC prices.

Bitcoin has rebounded above $28,600 at press time, up 3.66% over the past 24 hours. The world’s largest cryptocurrency by market cap has added over 70% this year.

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Uwerx (WERX): Presale Opportunity To Ride the US$1 Trillion Gig Economy Wave?

Freelancing is the future of work. With over 58 million freelancers in the United States alone – a number that is rising by the day – gig economy workers are expected to outnumber full-time employees and become the country’s leading workforce by the year 2027.

The US gig economy contributes over $1.5 trillion to the country’s gross domestic product, and it’s clear that the trend isn’t going away soon.

One blockchain protocol launching its highly-anticipated presale is hitching its wagon to the lucrative future of freelancing and the gig economy. Suffice it to say the sector is poised to expand parabolically in the coming years. The protocol, called Uwerx, has caught the fancy of crypto enthusiasts and freelance professionals worldwide.

Uwerx will build a decentralized blockchain-based alternative to established freelance platforms like Upwork and Freelancer.com. The team will create a product that freelancers and employers have been waiting for – a decentralized freelance marketplace offering substantially low transaction fees, multiple income streams for talent, and superior data and intellectual property protections powered by Web3 innovation.

What is Uwerx (WERX), and Why is it Attracting Crypto Adherents?

Uwerx is a better proposition at this point due to three factors: first, Uwerx has tangible real-world utility. Second, Uwerx has a low market capitalization, which gives it tremendous potential to make massive gains. Uwerx is launching its WERX native token at $0.005 – and experts say that WERX token prices will balloon once the Uwerx platform launches and its token begins trading on major exchanges. Lastly, Uwerx is exactly what the freelancing world is waiting for – a decentralized platform offering everything that its monopolistic competitors like Upwork and Fiverr aren’t.

That sheer potential alone makes the Uwerx presale the absolute can’t-miss opportunity for crypto adherents to get their portfolios in the green this year.

Don’t Miss the Uwerx (WERX) Presale For The World

Uwerx and its WERX token have already captivated many, and its presale phase one is set to sell out within weeks of its launch. This means that WERX token prices aren’t last long at $0.005. WERX is set to keep rising as every presale phase is sold out. The project has also passed audits conducted by InterFi Network and Solid Proof; the team has announced a liquidity lock of 25 years after the presale ends.

With the massive growth expected in the lucrative gig economy over the next 4–5 years, Uwerx’s vision and dedication to becoming the industry leader, buying into WERX presale will be a Solomonic decision – WERX tokens are expected to rise tremendously in value after Uwerx launches, pushing short-term prices to exponential heights which will see WERX skyrocket from 2023 and beyond.

Website: www.uwerx.network

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network


Disclaimer: This is a sponsored press release, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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Best Utility Tokens Going Into Q3 2023: Uwerx (WERX), PolkaDot (DOT), Filecoin (FIL)

Best Utility Tokens Going Into Q3 2023: Uwerx (WERX), PolkaDot (DOT), Filecoin (FIL)

Narratives and hype dominate bull market cycles. Fundamentals and revenue generation dominate bear market cycles. Projects with solid fundamentals will be the best performers in 2023, rally hard before the meme coins and more speculative investments become popular again. Crypto analysts have selected Polkadot (DOT), Filecoin (FIL), and Uwerx (WERX) as the best utility tokens to hold headed into 2023.

Polkadot (DOT)

Polkadot (DOT) solves one of the core issues that has affected blockchains since their inception – their natural isolation. Liquidity has become fragmented within DeFi, and users have to risk their funds using brides, which were attacked and exploited numerous times in 2022. Polkadot (DOT) provides a layer zero for projects to build on. At the Polkadot (DOT) project’s core is the Relay Chain, which carries information and assets between the Parachains. Polkadot (DOT) has created the infrastructure to build ecosystem magnitudes larger than any current layer one. Its Parachain slots are perfect for businesses that want to expand into the digital asset space. Polkadot (DOT) has retraced heavily during the bear market, and its current price offers investors a huge opportunity.

Filecoin (FIL)

Filecoin (FIL) provides decentralized storage. Filecoin (FIL) developers have leveraged blockchain’s immutability to create an unalterable history record that allows humanity’s most vital information to be stored forever. The native token of Filecoin (FIL) can be earned by users who contribute storage space. Users pay for all Filecoin (FIL) services, giving the token natural buy pressure and real-world utility. Filecoin (FIL) has an in-built revenue stream, making it an excellent performer in 2023 as demand for decentralized storage increases.

Uwerx (WERX)

Uwerx’s utility case outshines Polkadot (DOT) and Filecoin (FIL). Uwerx represents the world’s first decentralized gig economy platform connecting skilled freelancers and potential employers without a middleman. Uwerx massively reduces the platform fees from around 20% from leading traditional platforms like UpWork to 5%, thereby ensuring a better deal for employees and employers.

The world of remote work continues to grow, and Uwerx has deployed at just the right time. Experienced crypto adherents know that entering early into projects with solid fundamentals and high growth potential is where the best gains are made. As Uwerx is still in its presale phase, users can join at the ground level, and several analysts expect that Uwerx will become a blue-chip project in 2023. Contract ownership has also promised to be renounced as soon as the project is ready to be listed on Centralized Exchanges.

Nobody knows when the macro condition will improve, and senior economists predict it will worsen before it improves. Polkadot (DOT), Filecoin (FIL), and Uwerx all provide excellent utility, and this will allow them to thrive regardless of market conditions. Of the three, given its small market cap, Uwerx has the highest growth potential from its presale price of $0.005 and could post gains of more than 8,500% in 2023.

Find Out More Here:

Website: www.uwerx.network

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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DigiToads (TOADS) and GMX (GMX) are Generating a lot of Hype. How do they compare to Ether?

DigiToads (TOADS) and GMX (GMX) are Generating a lot of Hype. How do they compare to Ether?

The world of cryptocurrency is ever-evolving, with new coins and tokens being released daily. Recently, some newcomers have emerged that could soon rival established tokens like ETH, offering much more scope for growth than well-known currencies. These coins are built using the latest blockchain technologies, allowing them to offer faster transaction speeds and improved security features while still maintaining a low cost. With these advantages in mind, it’s no surprise that many are beginning to take notice of these promising crypto newcomers and consider infusing in them as an alternative source of income. As such, they may soon become serious competitors against ETH and other larger cryptocurrencies.

DigiToads (TOADS)

DigiToads is an exciting high-growth token that could skyrocket over the coming months. It offers unique features such as NFT staking and P2E gaming, allowing holders to earn residual passive income returns. Not only do you get to have fun with some of the best meme coin credentials while earning an income, but TOADs also provides a comprehensive and immersive web3 gaming environment where users can compete in the swamp arena with their digital companions. Rewards are paid out at the end of every season, allowing holders to enjoy strong financial benefits from participating in this entertaining reward system. Early adopters of TOADS will be rewarded for their acquisition when buying tokens during presale phases which offer staggered bonuses that could generate up to 450% return before its official launch – suggesting DigiToads prices may continue rising into the future!

GameX (GMX)

GameX (GMX) is an innovative cryptocurrency project focused on the gaming industry. It allows gamers to purchase digital content and services through its blockchain-powered platform while giving developers access to a secure and reliable payment system. GMX uses smart contracts which allow for near-instantaneous transactions with low fees, making it faster and more cost-efficient than traditional payment methods. Additionally, GameX has implemented several safety measures, such as two-factor authentication and fraud detection algorithms, to protect users from malicious activity. With its focus on the gaming industry, GMX aims to revolutionize how people buy games online by providing a safe, fast and affordable way of doing so.

Ethereum (ETH)

Ethereum (ETH) is one of the world’s most popular and widely used cryptocurrencies. It is based on blockchain technology, allowing it to provide users with a secure and transparent network to facilitate digital transactions. ETH also features smart contracts, which enable two parties to enter into a legally binding agreement without needing third-party involvement. This makes it faster, cheaper and more reliable than traditional payment methods. Moreover, Ethereum has established itself as an open platform for developers to create decentralized applications (dApps). As such, its potential is endless and continues to attract both hobbyists and professional investors.

Conclusion

GMX and TOADS might have some way to go before they reach ETH’s level, but some experts think they’ve got the credentials to do so. That’s why many strongly recommend the likes of TOADS.

For More Information on DigiToads, visit the website, join the presale or join the community.

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Don’t Miss Out On Collateral Network (COLT), Apecoin (APE), Polygon (MATIC)

Don’t Miss Out On Collateral Network (COLT), Apecoin (APE), Polygon (MATIC)

As cryptocurrency recovers from the bear market, many search for the best long-term assets for 2023. And if you’re looking for the top 3 predictions, look no further than Apecoin (APE), Polygon (MATIC), and Collateral Network (COLT).

Collateral Network (COLT) leverages blockchain technology to deliver safe and accessible loans worldwide, allowing borrowers to use physical assets as collateral. And with predictions saying that the Collateral Network (COLT) token will surge from $0.01 to $0.35 during the presale, early holders are in for a massive return.

Apecoin (APE)

Apecoin (APE) is a cryptocurrency designed to serve as a utility token for the Apecoin (APE) community. Apecoin (APE) is also a governance token, allowing token holders to contribute equally to decisions on the platform. Apecoin (APE) was established as the ecosystem’s token for all transactions.

One of Apecoin’s (APE) distinguishing qualities is its emphasis on user participation. The architects of Apecoin (APE) feel that community engagement is critical to the success of any token. As a result, they’ve devised a number of measures to encourage Apecoin (APE) holders to participate and interact.

Apecoin (APE) just announced a 4% token unlock. This event could make Apecoin (APE) prices go up and down because investors might sell in anticipation of a drop, which would cause its $1.5 billion market cap value to drop sharply.

Polygon (MATIC)

Polygon (MATIC) is a Layer 2 scaling solution designed to alleviate some scalability and high transaction costs Ethereum (ETH) faces. With a side-chain mechanism that enables faster throughput and cheaper transaction costs, it provides a quick and inexpensive alternative.

Polygon (MATIC) employs a consensus process based on proof-of-stake, which is more energy-efficient than Ethereum’s proof-of-work system. Moreover, the Polygon (MATIC) network enables establishing of other blockchain networks, known as subnets, which may operate their own DApps and coins.

Polygon (MATIC) features a unique architecture enabling rapid, efficient transactions without sacrificing security. Organizations and people use it because it is easy to use. Polygon (MATIC) prices have been increasing, ranging from $1.11 to $1.16. Transactions worth more than $40 million and growing use show that investors are optimistic and that the price of Polygon (MATIC) tokens may increase.

Collateral Network (COLT)

Collateral Network (COLT) is a revolutionary peer-to-peer lending network that brings together borrowers that can put up real-world physical assets as collateral with lenders from across the globe. These assets include watches, luxury supercars, fine art, rare trainers, and more. This is made possible through the use of asset-backed NFTs that represent the physical asset that is being used as collateral.

Collateral Network (COLT) is a game-changer for the lending sector since it enables people to borrow money without the hassle of traditional paperwork, such as providing proof of income or a guarantor. Fractionalized NFTs enable prospective lenders to participate in various loans with lower sums than in traditional lending markets.

COLT is the utility token of the platform and offers its holders access to a range of benefits, including decreased loan interest rates, lower trade costs, staking incentives, and governance rights.

Collateral Network (COLT) is now in its initial presale phase. According to expert projections, the price of COLT will skyrocket from $0.01 to $0.35 during the presale, giving a 35x pump for early users. Already, 50% of the COLT tokens priced at $0.01 have been sold, so you better hurry!

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register 

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk 


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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